The ASEAN e-commerce retail market is growing at a considerable CAGR of around 14.0% during the forecast period (2025-2031). The major factors that drive the growth of the ASEAN e-commerce retail market include the increasing smartphone, and internet penetration, increase in online sales accessibility of mobile e-commerce. large population with rising purchasing power due to […]
Category Archives: Business
The global IoT automotive market is growing at a considerable CAGR of 25.0% during the forecast period. Government initiative and funding are some of the prime factors affecting and driving the market. Rising awareness regarding passenger’s safety and security, smartphone features demanded in cars are also estimated to be the important factors that are contributing […]
The global agriculture drone market is anticipated to grow at a CAGR of around 15.8% during the forecast period. An agriculture drone is a generally unmanned aerial vehicle that is used to optimize operations, monitor crop growth and increases crop productions. The factors attributing to the growth of global agriculture drone markets include growing various […]
The North American e-commerce logistics market is anticipated to grow at a CAGR of 13.8% during the forecast period. the major factors that are driving the growth of the North American e-commerce logistics market include technological advancements, the development of infrastructure in major economies such as the US and Canada, and wide connectivity through roadways […]
The Latin American e-commerce market is growing at a CAGR of 6.1% during the forecast period (2025-2031). Major factors that are contributing to the growth of the market include a rise in the number of e-commerce companies, an increase in e-commerce sales, and technological advancements across Latin America. The explosion of mobile internet penetration has […]
The Indian e-commerce logistics market is anticipated to grow at a CAGR of around 18.5% during the forecast period. The Indian government’s push for digital initiatives is expected to accelerate the spread and adoption of digital wallets in the country propelling the growth of the Indian e-commerce logistics market. With rural India accounting for roughly […]
The Western Europe e-commerce logistics market is growing at a considerable CAGR of 2.8% during the forecast period. Developed modes of transportation is one of the prime factors affecting and driving the market. Developed infrastructure and easy-going trade in cross border is also estimated to be the prime factors that are contributing significantly towards the […]
The BRICS e-commerce logistics market is projected to have a considerable CAGR of 13.7% during the forecast period. The major factors contributing to the growth of the market include the rising inclination of enterprises towards e-commerce platforms and the rising number of start-ups entering the B2B e-commerce space. The increasing e-commerce market is one of […]
The Asia-Pacific e-commerce logistics market is projected to grow at a CAGR of 14.0% during the forecast period. A massive pool of customers is creating demand for the Asia-pacific e-commerce logistics market coupled with the rising online shopping and cohesive government policies. Furter, the government support, large and inexpensive workforce allows the logistics companies to […]
ASEAN e-commerce market is growing at a considerable CAGR of 20.6% during the forecast period (2021-2027). The major factors that are contributing to the growth of the market include the increasing number of e-commerce companies, growth in e-commerce sales, and technological advancements across the ASEAN economies. Moreover, the high discounts offered by e-commerce companies and […]